From 2013 to 2023, Finland's hydro power production exhibited fluctuations. Starting from 1.1 Million Tonnes Of Oil Equivalent (Mtoe) in 2013, it peaked at 1.44 Mtoe in 2015, and saw lows like 1.07 Mtoe in 2019. The latest data for 2023 stands at 1.27 Mtoe. Over this period, the Compound Annual Growth Rate (CAGR) was 2.09%, indicating moderate growth despite yearly variations. The most recent changes show a slight increase of 0.38% in 2023 following a 6.95% decline in 2022.
Looking forward to 2024-2028, a minor average annual growth rate of 0.29% is forecasted, suggesting stability with slight upward movement. Future trends to monitor include governmental policies on renewable energy, technological advancements in hydro power efficiency, and environmental factors affecting water availability.
